Premier Oil boss: force companies to keep North Sea pipelines open

Tony Durrant, Premier Oil’s boss, has said to press that the Oil and Gas Authority (UK), must be able to force companies to keep pipelines open during low oil prices. He said: “The authority is a new body and I’m not sure it has all the legislative powers it might need to bang heads together.

“It is important we have some overriding authority that could impose solutions if necessary.

“In other countries it would be understood that the host government has an enforcing role.”

Durrant warned of early decommissioning, stating a low oil price could see firms shut facilities they share with other producers – prematurely side-lining fields.